A 21-year old Yale dropout is being held in custody for an unlikely bail amount of $1million for posting threatening comments involving children on ESPN's website.

Eric Yee, a Yale dropout was arrested this week for commenting about killing children on the ESPN's story about cost of new Nike sneakers named after LeBron James, reports Washington Post.

As media outlets are puzzled about the bail amount which is usually reserved for suspected killers facing life sentence, authorities say that that they had to consider a wide array of factors before deciding on such a steep bail amount.

Apparently, Yee mentioned in the post that he 'watched children regularly' and wouldn't mind killing them.

"It would be like the Aurora shootings in Colorado, which I personally loved," he allegedly wrote.

Incidentally, his home overlooks two schools and security has been increased since this episode surfaced.

He was arrested at his home Santa Clarita, California which he shares with his parents where some unregistered weapons were found, reports NBC Southern California.

The arrest was made after Bristol, Connecticut-based ESPN alerted the authorities over the disturbing comments posted on its site.

Some of the nearly 3,000 reader comments on the story talked about children possibly getting killed over the expensive sneakers, said ESPN spokesman Mike Soltys.

But, Yee's comments had nothing to do with sports, he said.

His attorney, David Wallin, told the Associated Press that Yee was simply trying to give his social and political commentary on the rip-off shoes and was paraphrasing from the movie "American Psycho."

"His entire intent was to talk about his views on these shoes and what they represented," Wallin said. "I could say this is felony stupid but he's not guilty of making criminal threats."

Yee's arraignment has been postponed until Oct. 16 during a hearing at San Fernando Superior Court Wednesday afternoon. He is being held on suspicion of felony making criminal threats and has been charged only with single count of illegal possession of weapons.

Even his father has been charged for the same.

Yale officials said to AP that he had been expected to graduate with a bachelor's degree in economics this past spring before withdrawing from the Ivy league university in May for reasons unknown.

A Yale website listed him as a member of its class of 2012 and a participant in a leadership training program